Why FPI interest in India ‘has pretty much died out’: Nithin Kamath points to valuations, taxes and global alternatives
Foreign investor appetite for Indian equities may be cooling sharply, if insights shared by Nithin Kamath are anything to go by. In a recent social media post, the Zerodha co-founder said feedback from a stock market insider suggests that global investors are increasingly turning cautious on India, citing a mix of macro, valuation, and policy…